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Company Registration No. 11817576 (England and Wales)
EAST POINT INTERIORS LIMITED Unaudited accounts for the year ended 29 February 2024
EAST POINT INTERIORS LIMITED Unaudited accounts Contents
Page
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EAST POINT INTERIORS LIMITED Company Information for the year ended 29 February 2024
Director
Mr Connor Lowe-Szomjas
Secretary
Miss Samantha Burnett
Company Number
11817576 (England and Wales)
Registered Office
Grandora Hall Lane Lowestoft NR32 5BL ENGLAND
Accountants
P Lacey & Associates Ltd Office 17 2 Regent House Lowestoft NR32 1PA
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EAST POINT INTERIORS LIMITED Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
16,164 
20,204 
Current assets
Debtors
59,530 
14,348 
Cash at bank and in hand
3,073 
6,979 
62,603 
21,327 
Creditors: amounts falling due within one year
(19,536)
(6,207)
Net current assets
43,067 
15,120 
Total assets less current liabilities
59,231 
35,324 
Creditors: amounts falling due after more than one year
(8,424)
(6,726)
Net assets
50,807 
28,598 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
50,805 
28,596 
Shareholders' funds
50,807 
28,598 
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 March 2024 and were signed on its behalf by
Mr Connor Lowe-Szomjas Director Company Registration No. 11817576
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EAST POINT INTERIORS LIMITED Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
EAST POINT INTERIORS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11817576. The registered office is Grandora, Hall Lane, Lowestoft, NR32 5BL, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Motor vehicles
20% reducing balance
Computer equipment
20% reducing balance
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2023
2,880 
27,245 
1,648 
31,773 
At 29 February 2024
2,880 
27,245 
1,648 
31,773 
Depreciation
At 1 March 2023
1,583 
9,288 
698 
11,569 
Charge for the year
259 
3,591 
190 
4,040 
At 29 February 2024
1,842 
12,879 
888 
15,609 
Net book value
At 29 February 2024
1,038 
14,366 
760 
16,164 
At 28 February 2023
1,297 
17,957 
950 
20,204 
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EAST POINT INTERIORS LIMITED Notes to the Accounts for the year ended 29 February 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
3,913 
1,572 
Trade debtors
41,467 
640 
Other debtors
14,150 
12,136 
59,530 
14,348 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
18,745 
5,009 
Loans from directors
146 
553 
Accruals
645 
645 
19,536 
6,207 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
8,424 
- 
Obligations under finance leases and hire purchase contracts
- 
6,726 
8,424 
6,726 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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